ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/10/2026, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 5500 Glengate, LLC, thereby authorizing a twelve-year tax exemption for 100 percent of the value of improvements made to real property located at 5500 Glengate Lane in the Pleasant Ridge neighborhood of Cincinnati, in connection with the remodeling of seven buildings into approximately 52,300 square feet of residential space, consisting of a total of 73 residential rental dwelling units, at a total remodeling cost of approximately $2,550,000.

What this record is

Held by

Glengate, LLC

Amount

$2.55M

Runs until

no end date published in this record

Type

contract

Field

Public safety

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Cincinnati City Council

Requested by

City Manager

Introduced

June 4, 2026

On agenda

June 10, 2026

Passed

June 17, 2026

Enacted

June 17, 2026

Enactment no.

0216-2026

Where it was heard

Cincinnati City Council Jun 17, 2026 Passed Emergency Pass Cincinnati City Council Jun 17, 2026 Emergency clause to remain Pass Cincinnati City Council Jun 17, 2026 Suspension of the three readings Pass Budget, Finance & Governance Committee Jun 15, 2026 Recommend Passage Emergency Cincinnati City Council Jun 10, 2026 Referred to Budget, Finance & Governance Committee